The company has enjoyed years of double-digit revenue growth and has averaged over 20% growth in the first three quarters of this year.

Earnings growth, which had been steady, was dinged in Q3 by the company’s need to reserve nearly $46 million to help write down its portfolio of Chicago taxi medallion loans.

The quarterly report on October 20 gave the company’s stock a small boost, but November 9 marked a high-volume blastoff, as investors saw great potential for a New York bank with a strong niche in brokering condos and other multi-family housing units.

The possibility that having a New York real estate operator in the White House might benefit the bank may also have crossed investors’ minds. The Trump rally may be getting a little long in the tooth, but Signature Bank, which pays no dividend, should stay solid.

SBNY has been a long-term winner, but went into a significant correction after peaking at $163 in December 2015. The stock bounced a couple of times during its pullback, but wound up making a triple bottom at $114 in June, September and October.

The blastoff after the election lifted SBNY from $123 to $150 in just four trading sessions, and it has continued to push higher, recently reaching $157.

Small corrections since look normal to us. SBNY looks like an interesting speculation, and a buy anywhere around $150 seems reasonable. Use a fairly tight stop in the mid-$130s.